--- title: Five To Save | Most Hospitals Won't Close. Is That Good Enough? description: Recovering from the financial impact of COVID-19 will require significant rethinking of hospital budgets. image: https://www.z5inventory.com/hubfs/FTS%20-%20covid%20recovery.jpg --- [Skip to content](https://www.z5inventory.com/blog/five-to-save-most-hospitals-wont-close.-is-that-good-enough#main-content) [![Group 1211](https://www.z5inventory.com/hubfs/Group%201211.png)](https://www.z5inventory.com) - [Solutions](https://www.z5inventory.com/solutions) - [Z5 Count](https://www.z5inventory.com/solutions-2021-0-1) - [Z5 Fixed Asset](https://www.z5inventory.com/solution/fixedassetcount) - [Z5 Analytics](https://www.z5inventory.com/solutions-2021-0) - [Z5 Optimization](https://www.z5inventory.com/solutions-2021-0-0) - [Who We Serve](https://www.z5inventory.com/solutions-2022) - Company - [About Us](https://www.z5inventory.com/contact-2021) - [Contact Us](https://www.z5inventory.com/contact) - [Careers](https://www.z5inventory.com/careers) - [Blog](https://www.z5inventory.com/blog) - [Login](https://prod.z5development.com/) # Five To Save | Most Hospitals Won't Close. Is That Good Enough? [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond) 5/26/2020 ![The Z5 Piggy Bank's wallet is just as empty as most hospitals' in the wake of COVID-19.](https://www.z5inventory.com/hs-fs/hubfs/FTS%20-%20covid%20recovery.jpg?width=1200&name=FTS%20-%20covid%20recovery.jpg) We're pretty impressed with news organizations who have simultaneously overstated and underestimated the financial impact of COVID-19 on healthcare providers. (Hospital closings and budgeting strategies are, incidentally, the topic of this week's [Take 5: An Inventory Series](https://take5.buzzsprout.com/) episode. Subscribe on [YouTube](https://www.youtube.com/watch?v=3i0Fifuofys&list=PLe6yYj3JT7SQi20rlIWzliebvrrsIB7QW) or your favorite [podcast app](https://podcasts.apple.com/us/podcast/take-5-an-inventory-series/id1510005871) if you haven't already.)    As we mentioned in the [last Five To Save](https://www.z5inventory.com/blog/five-to-save-how-pandemic-hurts-hospital-employees), much of the media focus on hospital operations during the pandemic has centered around the steps facilities have had to take to remain able to serve their communities responsibly. (The number of furloughs has [continued to tick up](https://www.beckershospitalreview.com/finance/49-hospitals-furloughing-workers-in-response-to-covid-19.html), by the way.)  The reduction and shutdown of highly profitable elective procedures has created ripples that those outside of healthcare and supply chain's daily operations aren't likely to notice.  1. [Hospital merger and acquisition activity](https://www.beckershospitalreview.com/hospital-transactions-and-valuation/10-hospital-deals-called-off-delayed.html) has, in most cases, come to a screeching halt. And, not surprisingly, many [expansion and construction projects](https://www.beckershospitalreview.com/capital/updates-on-some-500m-healthcare-capital-projects.html) have been put on hold or abandoned.  2. While some hospitals - [particularly larger networks](https://www.beckershospitalreview.com/finance/tenet-receives-2b-in-grants-advance-medicare-payments.html) - might be able to pile government bailouts on top of sustained profitability, economic recovery - [particularly at small facilities](https://www.capitalgazette.com/coronavirus/ac-cn-anne-arundel-medical-center-financial-coronavirus-20200522-xbmgz34vjngkjbetxyqefkshvy-story.html) - might be a long time coming.  3. And that's because potential patients - especially at hospitals that were never overwhelmed by coronavirus cases - are [likely scared of seeking out care](https://www.thedenverchannel.com/news/local-news/revenues-are-way-down-colorado-hospital-ceo-talks-about-the-hidden-financial-effects-of-covid-19).  4. Confusion about who, exactly, is [paying for COVID-19 testing and treatment](https://www.modernhealthcare.com/insurance/congress-said-covid-19-tests-should-be-free-whos-paying) hasn't helped.  5. So is it [time to rethink budgeting strategies](https://www.modernhealthcare.com/opinion-editorial/global-budgets-offer-financial-cushion-amid-coronavirus-pandemic) in hospitals and their supply chains in specific?  We've far exceeded our own budget of five articles for this week. But we're not done yet.  Get your bonus article for signing up for the Five To Save newsletter, too. This week it's a genuine feel-good story. No, really. We promise. (Why does it sound more sarcastic every time we try to be reassuring?) Just sign up and we'll prove it to you.    [selling medical inventory](https://www.z5inventory.com/blog/topic/selling-medical-inventory) [mergers](https://www.z5inventory.com/blog/topic/mergers) [five to save](https://www.z5inventory.com/blog/topic/five-to-save) [digital supply management](https://www.z5inventory.com/blog/topic/digital-supply-management) [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory) [buying medical supplies](https://www.z5inventory.com/blog/topic/buying-medical-supplies) [emergency preparedness](https://www.z5inventory.com/blog/topic/emergency-preparedness) [coronavirus](https://www.z5inventory.com/blog/topic/coronavirus) [covid-19](https://www.z5inventory.com/blog/topic/covid-19) [take 5](https://www.z5inventory.com/blog/topic/take-5) ## Leave a Comment ## Related Posts ### [7/21/2020 Disingenuous Action Is Worse Than No Action At All | Five To Save](https://www.z5inventory.com/blog/disingenuous-action-is-worse-than-no-action-at-all-five-to-save) ### [9/29/2020 Survey and Study Results on the Coronavirus Crisis Response | Five To Save](https://www.z5inventory.com/blog/survey-and-study-results-on-the-coronavirus-crisis-response-five-to-save) ### [8/4/2020 We're Heading For An Indefinite State Of Emergency | Five To Save](https://www.z5inventory.com/blog/were-heading-for-an-indefinite-state-of-emergency-five-to-save) ![Group 1212](https://www.z5inventory.com/hubfs/Group%201212.png) Z5 Inventory was founded with the purpose of saving health care providers nationwide from expiring product, empowering them to Count, Reallocate, and Buy their inventory all in one place. - [Solutions](https://www.z5inventory.com/solutions) - [Z5 Count](https://www.z5inventory.com/solutions-2021-0-1) - [Z5 Analytics](https://www.z5inventory.com/solutions-2021-0) - [Z5 Optimization](https://www.z5inventory.com/solutions-2021-0-0) - Company - [About Us](https://www.z5inventory.com/contact-2021) - [Contact Us](https://www.z5inventory.com/contact) - [Careers](https://www.z5inventory.com/careers) - [Blog](https://www.z5inventory.com/blog) - [Privacy Policy](https://www.z5inventory.com/privacy-policy) - [Get The App](https://www.z5inventory.com/platform) - [Apple App Store](https://apps.apple.com/us/app/z5-count/id1557711721) - [Google Play](https://play.google.com/store/apps/details?id=com.z5inventory&gl=US) - [Dashboard Login](https://prod.z5development.com/) © 2026 All rights reserved. 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